90,000–95,000 for #Bitcoin this quarter is still on the cards. I was expecting to see a retest at $80,000, this hasn't happened today through FOMC. Spot is aggressively buying…
Original source excerpt
$90,000–95,000 for #Bitcoin this quarter is still on the cards. I was expecting to see a retest at $80,000, this hasn't happened today through FOMC. Spot is aggressively buying #Bitcoin, perps are …
$90,000–95,000 for #Bitcoin this quarter is still on the cards. I was expecting to see a retest at $80,000, this hasn't happened today through FOMC. Spot is aggressively buying #Bitcoin, perps are currently short on the markets. That means that there's structural demand for the underlying asset. If I'm zooming out on this regard, I don't think that we'll be seeing an acceleration coming for the markets. Much rather, I would assume that we're still at the end stage of the correction and that making this higher low indicates that we're on edge for a big breakout upwards. This means, $90,000-95,000 is still on the cards for this quarter.
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